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 Replies: 12 / Views: 1,660 |
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New Member
United States
20 Posts |
I have a cup of "silver(?)" coins that my Dad had when he died. What should I do with them?
Are they worth trying to sell?
Worth more as just plain silver?
May I try the first two? Here they are:
1) Morgan one-dollar coin 1890*
2) Morgan one-dollar coin 1900*
* I read some have letters? Where?
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Moderator
 United States
14463 Posts |
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Pillar of the Community
United States
2403 Posts |
 to the CCF! You definitely came to the right place for information on your dads coins.  Can give you a lot more info on your coins if you included some pictures of both sides of whatever coins you have questions about. Quote:
* I read some have letters? Where?
These would be the Mint Marks located on reverse of coin above the "DO" in Dollar. If it is blank it is a Philly coin, "O" stands for New Orleans Mint., "S" San Francisco and finally "CC" These are Carson City coins and will command a premium in any grade. Edited by MontCollector
08/09/2016 5:51 pm
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Pillar of the Community
United States
570 Posts |
Regardless, unless you need the money, hold on to them. The price of silver is likely headed back up.
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New Member
 United States
20 Posts |
Not much room for letters below the wreath! No letters for me. Next!
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New Member
United States
20 Posts |
On the subject of silver value... I was surprised when I read this:  |
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Pillar of the Community
 United States
3058 Posts |
They are definitely keepers! And are probably worth $20-$25. Can't be certain unless we have pictures.
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New Member
United States
20 Posts |
I have a lot of Liberty coins... Is there a document so I can do some homework?
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Moderator
United States
14463 Posts |
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Pillar of the Community
United States
3540 Posts |
Pictures would be great.
Personally, I would keep them.
...and....welcome!
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Pillar of the Community
United States
968 Posts |
That graph isn't all that surprising. You need to look at a graph that goes back at least 15 years. Silver sat around $4-5 an ounce for years and years, then spiked during the great recession. As the economy stabilized the price went down. Now that there is so much political uncertainty in the world it is heading back up again. Brexit really set this off (gold and silver spiked right after the vote) and I think the uncertainty will remain at least until the US presidential election.
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New Member
United States
20 Posts |
Going the sell route... On the 90% silver-coins... How do I calculate the value? Or... I have 2-pounds & 14-ounces of silver... 50% pure silver, and the other 50% is 90% silver.
Guesstimate value?
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Pillar of the Community
United States
6385 Posts |
Most dealers will pay a specific amount for 90% "junk" silver US coins, currently around 14 times face value. Silver dollars like your Morgans are worth more, at least $22 each unless they are badly worn or damaged. Call around to get the best price. 50% silver coins will be harder to sell and you won't get as much per ounce of actual silver content. |
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Replies: 12 / Views: 1,660 |
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Posted 08/09/2016 5:45 pm
